Marcus & Millichap Closes Sale of Castlewinds Apartments
Time is running out for RealShare HOUSTON on March 31 at The Houstonian. Hear how fluctuating oil prices are impacting the commercial market and learn where to find the sweetest deals. Network with your peers.
NORTH RICHLAND HILLS, TX-Marcus & Millichap Real Estate Investment Services has closed the sale of a 156-unit apartment complex in North Richland Hills. A San Antonio-based partnership has sold Castlewinds apartments at 4205 Rufe Snow Drive to AERE Fund.
At the time of closing, the multifamily property was 92% occupied. Castlewinds was constructed in 1984. Al Silva from the Fort Worth office of Marcus & Millichap represented the seller and secured the buyer. For the full story, go to Fort Worth Business Press .
GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.
You can now be notified via email if this story is updated by clicking on the "Follow this Story" link. You must be a registered member to take advantage of this "members only" benefit.